Maldives airport panel lands on quantum figure
Ibrahim Nasir International Airport - the Maldives main international airport (Credit: istock.com/Robert Pavsic)
After a finding of liability two years ago, an UNCITRAL tribunal chaired by Lord Hoffmann has ordered the Maldives to pay US$270 million to Indian infrastructure group GMR for cancelling a concession to modernise the country’s largest international airport.
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